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Sales (50,000 units) $1,000,000, direct materials and direct labor $500,000, other variable costs $50,000, and fixed costs $180,000. What is Boswell contribution margin ratio? Answer

Sales (50,000 units) $1,000,000, direct materials and direct labor $500,000, other variable costs $50,000, and fixed costs $180,000. What is Boswell contribution margin ratio? Answer A. 55%. B. 68%. C. 32%. D. 45%

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